Rate of exploitation

The rate of surplus value (also rate of surplus value ) refers to the Critique of Political Economy by Karl Marx, the ratio between the added value of m and the variable capital v.

As such, it indicates the ratio of surplus labor to necessary labor, the rate of surplus value is only an expression of the rate of exploitation (also of exploitation of labor ): It indicates the ratio between the part of the working day, the wage workers for themselves, and the part in which he works for the capitalist. Suppose that a worker produces in an eight- hour workday in the first two hours, the equivalent of his wages, then it will produce in the remaining six hours the added value of its capitalists. The formula presents itself here as:

In this form, however, the degree of exploitation of a Roman slave or a medieval serfs can be measured. The ratio m / v is the specific historical form in which the exploitation of labor in capitalism appears.

In bourgeois economics is usually not argue with the rate of surplus value, but with the wage rate.

In Marxist symbols expressed:

The wage rate is the share of wages ( " compensation of employees " ), the variable capital v, the new value m v. Marx held this type of representation to be false, because it suggests a kind of division of a "joint" income earned on " labor" and " capital."

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